Growth Metrics

Oneok (OKE) Gross Margin (2016 - 2025)

Oneok has reported Gross Margin over the past 17 years, most recently at 29.44% for Q4 2025.

  • Quarterly results put Gross Margin at 29.44% for Q4 2025, down 6083.0% from a year ago — trailing twelve months through Dec 2025 was 45.37% (down 2246.0% YoY), and the annual figure for FY2025 was 30.5%, down 5954.0%.
  • Gross Margin for Q4 2025 was 29.44% at Oneok, down from 30.95% in the prior quarter.
  • Over the last five years, Gross Margin for OKE hit a ceiling of 229.84% in Q4 2021 and a floor of 18.65% in Q2 2022.
  • Median Gross Margin over the past 5 years was 36.5% (2021), compared with a mean of 62.54%.
  • Peak annual rise in Gross Margin hit 7201bps in 2022, while the deepest fall reached -13531bps in 2022.
  • Oneok's Gross Margin stood at 229.84% in 2021, then plummeted by -59bps to 94.53% in 2022, then fell by -4bps to 90.72% in 2023, then fell by 0bps to 90.27% in 2024, then plummeted by -67bps to 29.44% in 2025.
  • The last three reported values for Gross Margin were 29.44% (Q4 2025), 30.95% (Q3 2025), and 32.04% (Q2 2025) per Business Quant data.